HONG KONG, 28 October 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB+’ global scale Long-term Issuer Credit Rating to Chengdu Dongjin Industrial Investment Group Co., Ltd. (“CDIIG” or “the company”). The Outlook is Stable.
The Issuer Credit Rating reflects a high possibility that the People’s Government of Jintang County, Chengdu City (“Jintang government”) would provide very strong support to CDIIG if needed, in light of its full ownership of CDIIG, CDIIG’s strategic importance as the key local investment and development company (“LIDC”) that is responsible for urban construction and industrial development in Jintang City (“Jintang”), Chengdu City (“Chengdu”), and the linkage between the Jintang government and CDIIG, including appointment of the senior management, strategic alignment, supervision of major investment and financing plan decisions and ongoing operational and financial support. In addition, the Jintang government may face significant negative impact on its reputation and financing activities if CDIIG encounters any operational and financial difficulties.
Jintang is a county in Chengdu City. Jintang’s GDP grew steadily by 6.2% to reach RMB70.6 billion in 2024. The budgetary revenue of the Jintang government increased to RMB5.1 billion in 2024.
The Stable Outlook reflects our expectation that CDIIG’s strategic importance would remain intact while the Jintang government will continue to ensure CDIIG’s stable operation.